Listed by Best Choice Network LLC
$559,950

4010 S Lawrence St Unit 2 Tacoma, WA 98409

South Tacoma Neighborhood

Estimated payment $3,607/month

Total Views 10,894
4 Beds
2 Baths
1,920 Sq Ft
$292 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 1-Story Property
  • No HOA

About This Home

Discover this fantastic investment opportunity! This multi-family property is close to everything. The units feature hardwood floors, spacious living room. The classic brick exterior not only adds timeless charm but also reduces maintenance costs by eliminating the need for painting. Plenty of storage with carport and unit 4012 has a shed. This 4-bed, 2-bath property spanning 1920 sq. ft. offers tremendous potential for investors. Currently configured as a 2-unit building, it's zoned for up to 9 units, presenting an exciting opportunity for rental expansion or townhouse development. Don't miss this chance to own a low-maintenance, high-potential investment in prime Tacoma location.

Listing Agent

Marlena Ma

Best Choice Network LLC License #115531

Best Choice Network LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2344226

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1962

Lot Details

  • 9,750 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • North Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2890000190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thanks!
  • Special Features: None
  • Cumulative Days on Market: 49

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Tacoma

Lot Info

  • Parcel Number: 2890000190
  • Lot Size Acres: 0.2238
  • Lot Size Sq Ft: 9750
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 33086
  • Number Of Units Total: 2
  • Insurance Expense: 1468
  • Leasable Area: 1920
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5850

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,850 $563,400 $220,300 $343,100
2023 $5,850 $525,600 $210,700 $314,900
2022 $5,016 $507,600 $206,700 $300,900
2021 $4,664 $371,100 $113,400 $257,700
2019 $3,985 $353,000 $91,300 $261,700
2018 $4,134 $306,600 $79,800 $226,800
2017 $3,683 $261,700 $60,300 $201,400
2016 $3,060 $200,500 $42,900 $157,600
2014 $2,899 $176,000 $41,500 $134,500
2013 $2,899 $149,300 $38,800 $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 For Sale $559,950 -- $292 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $232,219 F A T C O
Quit Claim Deed -- None Available
Quit Claim Deed -- Wfg Natl Title
Warranty Deed -- None Available
Quit Claim Deed -- Fatco
Warranty Deed $431,000 Transnation Title
Warranty Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $174,375 New Conventional
Previous Owner $191,750 New Conventional
Previous Owner $198,750 Purchase Money Mortgage
Previous Owner $434,703 Commercial
Previous Owner $434,703 Commercial
Previous Owner $157,500 Fannie Mae Freddie Mac
Previous Owner $120,000 Unknown
Previous Owner $270,000 FHA
Previous Owner $66,500 No Value Available
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2344226

Northwest Multiple Listing Service (NWMLS)

APN: 289000-0190